1 / 5

Investments in Renewable Energies

Investments in Renewable Energies. A predictable business environment. A business friendly environment and a functioning and stable legislative are the two key aspects for international investments

bbrigman
Download Presentation

Investments in Renewable Energies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Investments in Renewable Energies

  2. A predictable business environment • A business friendly environment and a functioning and stable legislative are the two key aspects for international investments • The Montenegrin macroeconomic system is characterised by many indicators reflecting these key aspects, i.e. • an existing stable economic growth with a realistic forecast up to 2025 (~6%/a), • a low inflation rate and a continuous reduction of unemployment, • the “construction” of an open and competitive market under harmonizing the local legislation with the EU regulations • In case of the envisaged energy development of MNE this growth-approach is documented in a clear framework. The white book on the “Energy Development Strategy of MNE by 2025”

  3. MNE Hydro potentials for energy utilization • Compared to its surface, MNE has extremely rich water resources; water is the MNE's key resource of highest strategic interest • From its total hydro potential MNE is exploiting just 17% (1,8 TWh); at least another 5 TWh are still technically useable • Import of Electricity amounted one year ago 1,8 TWh – in the future, this dependency will tendentiously increase rapidly • Under the consideration of the preservation of the natural heritage of MNE there is a vital need for wise and rational investments in HPPs of each size

  4. Major business areas of our company • Electricity - our largest field of business • 67 power stations with an installed capacity of about 500 MW generating about 1 TWhel/a • Additional energy purchase rights primarily from common HPPs with AHP amounting to 1,5 TWhel/a • core competence:electricity from storage and pumped storage HPPs as well as run-of-river HPPs • Heat - operated by our affiliate • 48 distance heating plants and 575 central heating stations • sales of around 0,7 TWhth/a • leading supra-regional heating supplier in Austria • core competence:heat from renewable energy sources, as they are i.e. biomass, geothermal or waste heat

  5. If you would like to receive our consolidated annual report, please contact office@kelag.at or visit our homepage www.kelag.at KELAG is represented in Montenegro by Dr. Rodoljub Nikolic niroshimontenegro@cg.yu Thomas-M.Maier Director MNE activities thomas-michael.maier@kelag.at Tel.: +43 676 87801165 Thank you very much for your attention!

More Related